spies, foreigners and terrorists. it should not be used to go after political opponents. that is what they did, they weep h -- weaponized fisa to go maria: good morning, happy thursday, everybody, thank you so much for joining us, i'm maria bartiromo, it is thursday may 14th, 6:00 a.m. on the east coast, in just moments my exclusive sit-down with president trump this morning, unmasking of michael flynn and just how high in the obama administration it went after the list of names unmasked revealed. >> this was all obama, this was all biden. these people were corrupt the whole thing was corrupt and we caught them. we caught them. maria: plus, getting america back to work and to school.

additional stimulus, rising tensions with china and the 2020 race and a lot more with president trump coming up. markets are searching for direction. take a look at futures on jobless claims, dow futures are down 7 points, s&p futures up 3 quarters of 1 point and nasdaq 33 and a half, we will get the jobless claims out at 8:30 a.m. eastern this morning after yesterday's selloff comments from federal reserve chairman jay powell dismissing the idea of negative interest rates. mornings with maria is live right now. >> first up my exclusive interview with president donald trump this morning. first coronavirus taking hold inside the white house. how are you doing? i know coronavirus has hit here. how are you doing, the inside team? >> well, we are doing well. it's very sad what's happened to the world with all of the death. we are going to build our

economy back bigger than ever but with all of that death, you can never replace what's taken, and it's very sad for a a lot of families so horribly hit and so unnecessary. they could have stopped it. they could have stopped it in china where it came from but didn't happen that way. maria: i want to ask you about china. i will get to that. let's talk about reopening america right now. half of the states have regun the -- begun the process. is it too soon, there are talks about a relapse, is it too soon? >> i want them to open when they can. most of either opened or opening or considering it, i think we have to get back to work. we have to get our country back and take it back. it was artificially closed. i think we are doing incredibly well considering the fact that we had the greatest economy, maria, in history. you report it morning.

the greatest than anyone has ever seen. best jobs numbers, best everything. in addition to military being strong, all of the things we've done and we had up -- one day, boom, close it. we have to bring our country back and it's going to happen fast. i call it a transition to greatness. you will have the third quarter. people are starting to get into that right now, but it's going to be a transition, a transition quarter. we will do well in the fourth quarter and i think next year with all of the stimulus, all of the things we have done, i think we will have the best economic years we've ever had. maria: dr. fauci is saying a different thing. he's worried about spikes turning into outbreaks. he said it seems like it could be too soon and the major message he wants to convey is that the danger is if we keep over checkpoint and guidelines

we risk danger of multiple outbreaks. >> so anthony is a good person, very good person. i disagreed with him. when i closed the border to china, he disagreed with that and ultimately he agreed. he said i saved hundreds of thousands of lives which is what happened. everybody disagreed when i did that. i think that we have to open our schools, young people are very little affected by this. we have to get the schools opened and we have to get our country open, we have to open our country. now we want to do it safely and quickly as possible. we can't keep on going on this like. you will have bedlum on the streets and i totally disagree. i call him embers, he called it spike. you remember he used word spike. we might have that and we will put it out. we didn't know anything about this. this is a horrible disease, a

horrible plague, i called it a plague. a terrible thing. we've learned a lot and we know how to put it out but we have to open our country. we have no choice. people are dieing this way too when you report this better than i could ever report it. they are dying with this closure, with the shutdown of a country where their in the house, apartment, some people are too tough on it. they are not allowed to go out. they are losing their jobs. we will not let it happen. maria: do you think your critics want you to keep it closed going into the election? >> i do, i do. i think it's a political thing in addition. maria: they are saying you are putting money business ahead of lives? >> no, no. i think the people that want to see the right thing happen, they agree with me. we have to get our country open. if it was up to some people let's keep it close for a long time, okay, a long time and

watch the united states down, it's never going to happen in my watch. maria: do you see long-term damage done the longer that you stay closed? jay powell said that as well. there's a long-term impact the longer it stays close. >> what i do see is this, i see we are losing tremendous number of lives, so is the world. the world, 184 countries. now more than that. think of it. the tremendous lives lost. when you talk about damage, that can never be replaced. we will lose over a hundred thousand perhaps in this country. now in all fairness that's at the bottom level of the scale. we would have lost 2 million, lost more if we did it a different way. you're talking about 100,000 more, little bit less more. who knows? it's a terrible thing. no, that can't be replaced. we are spending trillions of dollars on all of the damage economically, financially that it has caused. so it is a terrible thing.

it's just an incredible thing. we were sailing two months ago, we were sailing, we had the best of everything. maria: best unemployment situation in my lifetime certainly and now 33 million people filing for unemployment even after $10 trillion in stimulus. >> that's all going to come back. the lives on come back. that's all going to come back. with that we are spending money, we are borrowing money, spending money. all of that stuff is bad, but all of is going to work out. we have a strong dollar. we have a great country. the people want to go back to work and they don't want to lose their jobs, by the way. maria: you want a strong dollar because in the past you've said -- >> i tell you what, it's a great time to have the strong dollar because the whole world -- we are paying zero interest rate. that's never happened either. everybody wants to be in the dollar because we kept it strong. i kept it strong. now, from a trade standpoint it suffer but from a country standpoint and inflation standpoint you don't have inflation, you don't have

problems. now we have a strong dollar and right now it's good to have a strong dollar. i can live both ways, you understand that. right now having a strong dollar. maria: you had a policy program in 2017 and you moved the needle on economic growth, tax cuts, deregulation, turning on the energy spigett and it was the same situation, is it the same playbook to get us back? >> maybe different playbook, stronger, i was very much a prousa person, america first always. i was right about that. strong borders, our borders are very strong. some of the best numbers we've ever had. southern borders. maria: what you campaigned on? >> 182 miles, we will be close

to 500 miles by early next year. maria: of new wall. >> brand new. renovated too but i'm not talking about that. we are talking about over 500 miles of wall and we have, you have to understand, i had party who want open borders, they don't mention it. they didn't even bother with it at the end because i turned out to be right. they didn't want to be the party that was opposed to having walls and having strong borders, but they are, they want open borders, they want people pouring into our country and now they look at it and they say, they have covid-19, what's the problem, you know what problem do they have, okay, and so they want to stay away from that subject. but when you think of what we've done, but i always america first, make america great again, it's that and that plus because a lot of people fought me on china. you hear all of that honking,

you know what that is, trucks, they love their president. maria: protestors? >> they are supporters of me because we are getting things for the truckers, all the great truckers all over the country. they're really thankful that i'm president frankly, when

with our drugs, our pharmaceutical products, so many different things. so i put tariffs on china and taken in tens of billions of dollars, i gave a lot of the money to the farmers because they were targeted by china and everybody other president let china do whatever they wanted.

we were losing anywhere from 200 billion to $500 billion to china a year. think of it. we rebuilt china. i give them a lot of credit but i don't give past presidents and leaders credit because they got taken to the cleaners and worst of all, was the last 8 years under president obama and biden. son gets a billion and a half dollars and they are supposed to be tough on china. doesn't work that day. maria: traveled on first two. >> his father got him to hundreds -- look, it's impossible to do what he did. if you talked to steve schwarsmann, he said it's not possible. he didn't even have a job and walked out of china with 11 and a half billion dollars to invest of which he makes hundreds of thousands of actually millions

of dollars, what is this? maria: how do you get us back? when you look at the numbers, we will be going into the election with double-digit unemployment rate, i mean, could we get below 10% on september on unemployment and what are your policies to get back? >> next year will be very strong again. we have tremendous powers that other people don't have. we have tremendous job capacity and i think what's going to happen is next year will be one of our best years. i feel that we will transition in this third quarter, fourth quarter is going to be good. next year will be incredible. maria: are there industry that is you're thinking of that will lead us out of there that are more poised to open and have economic activity than others and what about states? are there states that have become a model for you. georgia did well, florida. >> don't forget, those states none of them would have done well without what we did in the federal government because we became the ventilator maker of

the world. i mean, we are now doing things with ventilators that nobody thought possible. when we took over, we didn't have -- nobody knew what a ventilator was. we are making thousands of ventilators a week. everybody has ventilators. we are giving them now and sell them to other countries who desperately need them. other countries are calling up. we are the testing capital. you have seen the numbers. this is us in the blue. maria: up to 10 million. >> look at this, over 10 million tests. ♪ maria: stay with us with more of my exclusive interview and later this hour. we have a lot more coming up. stay with us.

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seeing the break in the clouds before anyone else. together, we'll weather this storm. maria: welcome back, well, we just heard part one of my exclusive fox business interview with president trump, disagreements with the task force, dr. anthony fauci and

america becoming the testing capital of the world. joining the conversation is fox business dagen mcdowell. ubs financial service private wealth adviser alli mccartney and former presidential candidate mike huckabee. let me kick it off with you, governor, great to see you, what was your reaction no terms of what you heard from president trump? we have a lot more coming from the president and he gets into the china situation deeply as well as the general flynn and the unmasking. your reaction on economics? mike: i think what the president layed out was that we were in a very strong position going into the coronavirus. that is really critical because it mines when we start opening back up, we are not coming from a point of weakness but we are coming from a point of strength. you pointed out in the interview that the unemployment numbers were the best in our lifetime and they really were. now they may be the worst in anybody's lifetime but a lot has to do with getting back to business, getting people back to work.

that's when the president shows that he's willing to listen to people like dr. fauci, but he also understands that if we close the economy forever, there's nothing to come back to, everybody is out of work permanently, and so the president is using the right balance in recognizing, take this seriously, but we can't go on like this forever, all hunkered down hiding under our beds. there are some risks, we are going to have to take them but the risk of not getting back to work is frankly unimaginable. maria: yeah, and alli, the president is cleared-eyed in terms of what this will mean for the long-term situation. when i said to him do you think we can have unemployment rate below 10% before september he said no, however, he's expecting a good year in 2021 and growth in the third quarter as well as the fourth quarter. do you believe that, do you think that as well, what are you telling clients?

alli: excuse me, yes, i do think that we at ubs and most of wall street is consistent with that. the issue is how much damage in getting there. i think chair powell had talking about it yesterday, everything that we are doing now is investment in public health, right, shutting down the economy, printing money and injecting money into the system, that is a long-term investment in our sustainability, you know, new there are a lot of risks and he highlighted a number of them and as they talk about them and see china consumption actually not come up as much as we thought it would, they are about 15% below precise sis level, we really are facing the new reality. again, i think that yesterday a lot of governors at the federal reserve did a great job about talking about the tension and i don't envy anybody making decisions now because it really is between a rock and hard place and the rock is our economy and

the hard place is public health and our physical well-being. maria: sure. these are tough calls, dagen mcdowell. desde mi corazón a su corazon, felíz dia de las dagen: i just want to remind critics who enjoyed calling him dictator, oh, he thinks he's king of america, and ruling by fiat, in this situation and he reminds people of this, he's leaving these decisions about reopening up to the governors, they are trying to give the governors a template. he's been reticent to have federal government override public businesses and i think that that -- that's a message you can take away from him as a president in trying to lead the country out of this. i always want to point that out. maria: yeah, we will have more with the president coming up in particular his thoughts on china right now. stay with us for exclusive fox interview with president trump

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maria: welcome back, fresh fears on wall street. markets under pressure as jay powell warning of lasting of the economy and would not use negative interest rates to economic blow of the coronavirus. 2 and a half million americans expected to have filed in the last week bringing total number of americans in just 8 weeks time to nearly 36 million. we will see 36 million claims over the last 8 weeks. joining us right now brandy,

global fixed income portfolio manager jack mcintyre. we talked a bit about this with president trump and we will talk about that coming up in the program. your reaction to what the fed chairman said yesterday regarding negative rates? jack: at this point knowing what we know we have to rule it out that we are not going to go down that path, didn't work in europe, hasn't worked in japan. it means that they have to do other things in their tool box. the take away from powell's comments, hey, they've got to do more. they will do more, we don't know exactly what form but the key is they will have to do more. maria: yeah, i mean, the president yesterday talked about the strong dollar when we were talking about rates and where is the economy is. listen to this, jack, i have to get your reaction to where we are in terms of the dollar as well. so you want a strong dollar?

because in past you didn't want a strong dollar. >> i tell you what, it's a great time to have a strong dollar. we are paying zero interest rate. that's never happened either. we are paying so low -- everybody wants to be in the dollar because we kept it strong. i kept it strong. now, from a trade standpoint it suffer from a country standpoint or inflation standpoint, you don't have inflation, you don't have problems. we have a strong dollar and right now it's good to have a strong dollar. maria: president trump -- >> i can live both ways but right now having a strong dollar is a good thing. maria: jack, does this keep up? do you think the dollar continues at these levels with rates going up? jack: actually doing my job analyzing currency and actually spot on in the sense that we need a strong dollar to attract foreign capital. we obviously are running budget deficits and huge amounts of treasury and we have to attract

capital and you have to have stronger, stable currency and from that standpoint he's right. we also and he mentioned it, it hurts competitiveness of u.s. companies, a trade isn't functioning normally and lastly, though, we have to be careful because the strong dollar, you are importing deflation and for consumption based economy deflation is not good because what we do with consumers that realization that prices are low in the future, we don't buy today. that's a tough thing for consumption-based economy. maria: all right, we want to bring you the forecast from goldman sachs coming up because they have more grim expectations for the unemployment situation in the face of all of that. jack, good to see you, thank you, sir. jack mcintyre, we will bring right back with my fox business exclusive with president trump the new house is amazing. so much character.

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phone of richard burr. cheryl with the the details. cheryl. cheryl: according to public reports fbi searched warrant as part of investigation on possible insider chairman. sold $1.7 million in stocks just before the market plunged over the coronavirus outbreak. burr has denied any wrongdoing. well, the senate is expected to vote on changes to fisa, the foreign intelligence surveillance act, today, lawmakers yesterday narrowly rejected an amendment that would have prohibited law enforcement officials from accessing people's internet search without warrants. the fisa laws sparked controversy after the opinion obtained warrants to surveil former campaign adviser carter page and other members of the trump campaign back in 2016.

the inspector general has found apparent errors in the warrants. here is a look at what is trending this morning on foxbusiness.com. uber offering grubhub $60 a share in takeover deal and to start wearing facial masks during trips. mcdonalds unveiling plans to reopen dining rooms including social distancing and face coverings and modified beverage service and finally iowa allowing restaurants, salons, barbershops an gyms to start reopening, maria, tomorrow because a lot of people really need a haircut, just saying. [laughter] cheryl: i keep hearing that over and over from friends. i just want a haircut. maria: you're right. thank you so much, cheryl, we are looking at the origins to have russia case and investigating the investigators. once again a declassified memo released yesterday indicated the names of obama officials who requested the so so-called unmask, identity of general

michael flynn including vice president joe biden and former fbi director james comey as well as john brennan. the names were released by senators ron johnson and health care grassley -- chuck grassley after declassified. i spoke with president trump about the breaking news yesterday. the names of people who unmasked general flynn have been publicized, joe biden, john brennan, james comey, your reaction? >> that was the greatest political rime in the history of our country. if i were a democrat instead of a republican, i think everybody would have been in jail a long time ago and i'm talking with 50-year sentences. it is a disgrace what's happened. this is the greatest political scam, hoax in the history of our country and people should be

going to jail for this stuff and hopefully a lot of people are going to have to pay. no other president should have to go through and i will tell you, general flynn and others are heros, heros, because what's happened to them. they weren't after general flynn, they wanted him to lie about me, make up a story. maria: and there's more to that. we will get to it, georgia congressman and house judiciary committee member doug collins joining me right now to react. pleasure to see you. >> good morning. maria: reaction to unmasking. i saw your tweet yesterday, it's pretty extraordinary, the list of people that wanted to out general flynn for speaking with the -- the ambassador to russia. >> doug: i was very proud of the president on the reaction he just had. for someone who has been pounded and just, you know, went after like the administration that we

are now seeing that you and i talked about it for years and they are coming to light, he has every right to be frustrated and right to be upset. something that started as candidate and as president and just show it went to highest level, maria. we've always thought this. we have been showing that it went to highest levels. we've said it and now we have proof. my question is, look at the dates on these. these were right up to the time of the transition with the obama manage. this is when, you know, we saw chief of staff of the president actually on the day that they had the big meeting with biden was a part of had the unmasking. this is how the president knew about flynn. this is really concerning that the president of the united states would take such an interest in his high-level administration, were taking such an interest in trying everything they could do to disrupt the transition or the trump administration. it's just wrong. maria: yeah, so walk us through this. the fbi and the intel agencies do track foreigners who they are

following, so it happened to be that they were tracking sergey kislyak and that's how they knew he spoke with general flynn but the whole idea of incoming national security adviser who is about to take the job in two weeks time, not being able to speak to the ambassador to russia, i mean, the whole idea of, you know, him being cornered in the first place for that reason boggles my mind. i mean, what's your reaction to that alone being the charge that that's what he did wrong? >> well, goes to deep-seeded hatred and deep-seeded distrust. this was not about necessarily flynn and the rest of them. it was about getting at him and it was disturbing that they would take a normal occurrence that would happen in a transition and remember it did not start when it started in the russia investigation, always goes back to when they were

continuing the process to get at president trump as a candidate, so this is just a continuation and it's very disturbing as there's other areas here that we can see in which we know that strzok said let's keep the investigation open, let's go after this and we know that comey took advantage of the transition times and i could do whatever they wanted to do because they were in transition. goes to the fact that they would take the simplest of things to get at the president because they had nothing else on him and they were making it up as they go and they were using every part to get at him. what's really disturbing, maria, joe biden, joe biden just the other day he didn't have any idea, he wasn't sure, look,i know he's lonely in the basement. he has to be remember that he was part of the meeting and asked for unmasking as well. the question is how many more people did he have unmasked. joe biden has to answer the questions. maria: and what else did this group do in terms of violating people's rights. there's that too. if it was so easy for them to say let's wiretap carter page,

oh, well, let's entrap general flynn, what else were they doing? i want to get your take on the fisa review that's happening on in the senate this morning but i also want to talk about china. i also asked the president about holding china accountable and tougher rules for chinese companies that are company listed on u.s. exchange. watch this. >> will you go one step further that chinese companies have to follow rules if they want to be -- >> we are looking at that strongly. it's run by the obama appointments and we said you have to do this and we will find out whether or not they will do it very soon and if they are not, we will replace them very quickly. we are looking at your second part of your question. we are looking at that. maria: yesterday congressman, you introduced a bill which would authorize the president to impose sanctions on china if officials do not cooperate with investigations into covid-19, tell us about that legislation.

>> well, the legislation mirrors the one introduced in the senate by senator graham and basically what we are doing is making sure china is held accountable. we talked about it a lot and now we are putting meat to that request because they have an obligation to the world to tell why they let it get out of hand, the virus out of hand and why they were doing things internally and international and still haven't come clean and a lot of things that we will give the president the ability without restricting him to say let's have a tool in tool box to say, china, you cannot continue to do this otherwise things will be applied to high-level officials, we will talk about visas and talk about companies in the exchange and we will talk about how your pharmaceuticals, are they meeting standards of the fda, we will give the administration to impose tough sanctions because if china want to be in the market, they have to shut down the wet markets and have to do things to keep the world safe and not just simply

looking after themselves. this is about holding china accountable for millions of deaths. we know that it came from them. we know that there was disinformation and high-level of the government and now it's time to come clean or pay the price. maria: we will have more on china with the president. real quick, congressman, your thoughts on the fisa rewrite, the hearings underway in the senate this week in terms of how fisa should change. we know that two out of four wiretaps of carter page were unlawful because of abuses in front of the fisa court. >> well, i'm glad to see them actually taking this up. this is something that we talked about the virus had struck because we passed a bill in the house that makes changes to fisa court. they will make the changes and take what we have done. if they can go further, great, we will see if we can work that out in the house. the fisa process cannot stay the way it was. it was used on a political

president. we cannot have that happen to american citizens. if it happened to them it can happen to any of us. so glad to see it happening. maria: so many abuses by the cabal. thank you so much, we will see you soon. congressman doug collins. more of my fox interview with president trump. that is next. like helping you understand what the recently passed economic package can mean for you. we're more than a financial company. we're a "together we can get through anything" company. now, more than ever.

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maria: welcome back, president trump standing resalute in

desire to get the economy turning back again and confident a coronavirus vaccine is on the way. part 2 of my exclusive interview with the commander in chief. can we get to a place where the white house is in corporate america where every time you go to work you just get your temperature taken, you get a test, is that where we are going? >> you don't want to be doing that. we want to go back like you want to see a baseball game or you want to see a basketball, football, you want to walk into the stadium. i want to alabama-lsu game last year. they had 110,000 people in the stadium. i don't want to see 25,000 people where you have empty seats all over the place. maria: when do you think we can get back to that? >> yeah, i think we will have a vaccine by the end of the year. we are doing very well with the vaccine and i will tell you something i just literally left the meeting, we are mobilizing our military and other forces but we are mobilizing our military on the basis that we do have a vaccine. you know, it's a massive job to

get vaccine. our military is being mobilized so at the end of the year we will give it to a lot of people very rapidly. maria: doing something with syringes so you have plentiful, enough, actually? >> we will have tremendous force, assuming we get it, then you to distribute it and unless you're mobilized and ready, you will not be able to do it for a long time. we are starting now. we are of the assumption that by the end of the year we will have a vaccine and then we have to be able to give it, to use it on most of our population. maria: yeah. >> we are focused on elderly and we will focus on nursing home and, you know, senior citizen centers because that's really if you look at it, that's a very vulnerable group. it's a terrible thing, but so focused on that. we will -- maria: okay, if you're below 50, you're healthy and strong, you're okay, go back to work,

elderly, divide them. >> we are doing that and i'm saying with the schools, open the schools but if a teacher is 65 or older especially if they have diabetes or bad heart or they have a problem, we say, relax for a longer period of time, but if you look, there's been very little damage done to people that are healthy and young and frankly medium-age people, but the elderly have been decimated absolutely. maria: let me get back to getting us back to where we were. nancy pelosi has a stimulus package now. we know that it is $3 trillion. kevin mccarthy has been tweeting about this and apparently it includes diversity provisions for the marijuana business and tax breaks for blue state donors, federal election takeover that mandates mail-in voting, what -- what is your take on proxy votes and mail-in voting? this is part of the speaker's stimulus package. >> so she knows it's dead on arrival. we had a very interesting

evening last night as you know in wisconsin. we won very, by a lot and this is an election, special election. we won a house seat, supposed to be close, we won by a lot. we had a great person now congressman tom tiffany and -- maria: if california special election. >> we are just getting the numbers and looks like we won that big and he's been a tremendous candidate, mike garcía. he went out, he worked and he won and he took back a seat from the democrats in california. think of that, in an area that nobody thought possible. it was held by a democrat as you know, the democrat who had a lot of problems and mike went out and he won and he won the seat. these are two the press doesn't write. if we had lost the seats it would be headline news, rough time for trump. because i'm running against sleepy joe biden but i'm also running against the democrat

machine and you see how bad they are with all of the things that are coming out. when you look at the releases that are just being given to -- maria: talk about that. >> i'm running against the democrats and i'm running against the media. i'm running against the radical left. i'm running against some really stupid republicans that don't understand how good they had it because we had -- 95 or 96% with the republican party but we have some people that claim to be republicans and they have gone crazy and the reason is i've defeated them all. they were my opponents and they've never gotten over it. guys weaver and schmitt, all losers, they go out and try buying commercials, gee, we rebuilt our military, taken care of veterans, you've never seen anything with the vets, with choice, with everything else. we have done such a good job and you adjudges and you add protecting our second amendment, what are the guys going to do,

support joe biden, because joe has been brought way left, way left. maria: we are watching part 1 of my exclusive interview with president trump this morning, governor mike huckabee is with us this morning, governor, we continue to talk about the reopening here. your reaction to what the president is saying in terms of he's fighting a lot of groups and he mentioned republicans as well, governor. mike: yeah, maria, smile came to my face when i was listening to the president because he said he's got a war on three fronts politically, one is the democrats, one is the media and the other are what he called stupid republicans. i couldn't agree with him more. he's exactly right. i've never seen anyone who had to face the level of opposition as an incumbent president from a very small, and i want to make it very clear, this is an incredibly minute minority and they are loud and they get a lot of attention because the press who hates this president will give them the microphone, they

just say we don't like microphone, oh, really, come to the camera, come to the microphone, we will give you a platform but the president is fighting hard and i can tell you that the idea that the republicans are divided over the president is nonsense and i'm so glad that after he beat me and a lot of other people, we united behind him and i'm more for him now than ever because i'm watching policies and i especially appreciate something dagen said earlier, his respect for the tenth amendment, his respect for the constitution and his recognition that the best way to recover the economy is to let it be done state by state, county by county so that we don't have one person sitting in the federal chair who makes a one size fits all decision. the president is handling this like he should and i really appreciate that. maria: unfortunately a lot of time has past, dagen, i mean, you know, we had a year or so where a lot of republicans included did not believe the

president when he said that the obama administration spied on him. when he was first inaugurated he came out and said, obama spied on me and we know it took place here and we know for a fact as we see unmasking list from the obama administration and we learn more about the informants and wiretapping going on before he was president and after he was president. a sitting president. if they can do that to a sitting president and sitting nsa, you have to wonder what -- what is your fate, my fate. dagen: it's astonishing and disgusting what was done by the previous administration. the wall street journal has, of course, has a couple of editorials about michael flynn today and they note in one of them, 39 separate officials snooped on mr. flynn's conversations with foreign actors lodging nearly 50 unmasking demands from

november 30th and january the 12th of 2017, denise, white house chief of staff, joe biden, jacob and ambassador to the un samantha power, in fact, at least 4 u.s. ambassadors unmasked flynn, six treasury officials and people connected to energy and the justice department and nato among others. joe biden is on that list. i looked on the homepage of "the new york times" this morning, just did a keyword search on the word biden, there were two mentions, one is trying to win over progressive joe biden is increasingly using the language of systematic disruption and then the other one was elizabeth warren knows what joe biden needs in a vice president. where is the reference to the unmasking? there was none. not on the homepage. maria: not a word. dagen: not on the homepage of "the new york times". maria: unbelievable. dagen: again this is not just

the biggest political scandal but the biggest media scandal of all time where many people in the media peddled a phoney-russian collusion fable for years, we are going on 4 years with that, doing the bidding of corrupt actors within government and here is where we are now -- now it is -- you're not talking about the coronavirus, how dare you? let's look over here, look the other way because we were wrong for 4 years and god forbid we admit what we did wrong and the lives that were peddled. maria: well, there was a lot of time there when the republicans were in charge and they were the majority in 2017, 2018, when devin nunes was pleading with colleagues on the left to release documents that he was asking for and release the information from testimony of witnesses because he layed it all out for everybody with nunes

memo and unfortunately that time past and then the democrats got the majority in the mid-term elections and now they want to swipe this away and brush it aside as if it does not matter. it does matter. this is the constitution and the fact that they can just decide to ignore the 60-plus million people who voted for president trump and just try to take him down is outrageous and it's just -- it's about fairness, so we will keep watching this. we have more coming up from my exclusive fox business interview with president trump. we are touching on all of that next hour. mornings with maria. stay with us.

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i've been involved in. communications in the media for 45 years. i've been taking prevagen on a regular basis for at least eight years. for me, the greatest benefit over the years has been that prevagen seems to help me recall things and also think more clearly. and i enthusiastically recommend prevagen. it has helped me an awful lot. prevagen. healthier brain. better life. mike: welcome back. good thursday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is thursday, may 14th. your stop stories, just before 7:00 a.m. my exclusive sit-down with president donald trump coming up, his take on the unmasking of

phi call flynn and how high up in the obama administration it went after the list of names was revealed, a list that includes then vice president joe biden. >> this is the greatest political scam, hoax, in the history of our country. mike. gets america back to wk and to school, additional stimulus, rising tensions with china, the 2020 race and a lot more with president trump this morning. markets are searching for direction ahead of the latest reading on jobless claims. we'll get the unemployment benefits for the last week in an hour and-a-half. the dow jones down 2 27 points, s&p futures down 1 point, the nasdaq is up 8 points right now, on top of yesterday's selloff, fueled by jay powell, he dismissed the idea of negative interest rates, "mornings with maria" is live right now. and speculation surrounding how the 2020 election will play out

in the midst of the coronavirus pandemic. many calling for structural changes to how we vote, but president trump is weary that some of the ideas could open the door to voter fraud, one of the issues i touched on with president trump yesterday in part three of my exclusive fox business interview. >> they've never gotten over losing to me. it wasn't supposed to happen. and then i had another race. it was against crooked hillary clinton and she's never gotten over it either. >> she's been tweeting already, saying that we have to vote by mail. now, i know there was interference in the 2016 election. they were out to get you and they wanted to take you down. there's another kind of interference and that could be fooling around with voting machines. in terms of voting by mail, vote proxies, what's your take? do you want that? she's been tweeting about that, hillary. >> voting by mail is very dangerous because people can

grab them, people can take that proxy, sign a name. they can do all sorts of things, especially harvesting. they go out and say let's put them all together and that's happened. we were thinking it might happen in california. we were worried about the race. look, in california, they actually won. they voted by mail. the one we just won. today. we just won it. vote by mail. and they were losing because when you vote by mail you see the tally, how it's going, right. and we were losing. we were losing that issue. so we lost that issue. we're voting by mail. we're winning. what happens? they immediately set a voting booth up, wasn't supposed to, in the middle of a democrat area. so they could get votes. but they still didn't do it. we won the race. it's pretty amazing. >> why would nancy pelosi come up with this $3 trillion plan? she knows it's dead on arrival. she knows nobody will go for a marijuana business in the middle

of a pandemic. >> she wants the way of voting change. they have had some very dishonest things. you look at california, look at los angeles, where judicial watch settled a case where they agreed that a million votes were fraudulent, a million votes in one area were fraudulent. they could have done a lot more. it was so ridiculous, no reason to go any further. they came to a settlement. they agreed on a million votes. the level of dishonesty with democrat voting is unbelievable. if you told a republican to vote twice, they'd get sick at even the thought of it. and you have people that vote numerous times. what's happening it crazy. so now they want to send out vote by mail. who is going to -- who knows who is signing this stuff? no only should they come and vote, now, if you're a senior citizen or this or that like in florida, there's a great system of voting but it's a fair system and a very closely watched system. in some cases, age, you're not

feeling well, you should be able to do it. but you have to go out and vote. and if you don't do that, it can be -- we'll have the worst rigged election since bernie sanders. because bernie sanders has had a lot of bad things happen to him. you know, it's interesting with bernie sanders. >> that's a good point. i'm glad you made that. >> bernie sanders -- if elizabeth warren drops -- nobody talks about this. i say it all the time. it's so basic. elizabeth warren was a failed candidate but she got a lot of the super liberal votes, the radical left i call it. she didn't drop out of the race super tuesday. if she drops out of the race -- she doesn't have to endorse bernie sanders. he wins every state, almost every state against biden. but she didn't and then two other people did drop out. they gave the support to biden. if -- despite that, if she does it -- she got thousands of votes. every one of those races were very close. he would win almost every state.

bernie sanders. and that was the establishment democrats willing bernie sanders. >> you know, mr. president, there are lot of people today that are very happy that you're so tough, as tough as you are because there's a statute, a 1947 statute that says nancy pelosi would yield all of the powers of the presidency if the president and vice president could not, consistent with the law she could issue whatever executive order she wanted, fire disfavored political appointees. she's third in line. >> it's never going to happen. we'll keep our vice president very healthy and i'll stay hell healthy. never going to happen. she would be a disaster. nancy pelosi is a disaster. what she wants to do is get involved with the voting. she just got back to washington. everyone's saying what was so long. she just got back here. so let's just see how it all works out. but i think we're going to have

a great election. i'm getting really good poll numbers. for the most part, they're not being shown and i saw joe biden on television yesterday. and if you watch him, he knows nothing. he knows absolutely nothing. >> do you think he will be the candidate? >> i don't know. i just don't know. i mean, i'm looking -- normally i'd say of course, he's going to be the candidate. again, if elizabeth warren, poke pocahontas as i affectio affecty call her because her whole life is a fraud, if elizabeth warren got out before super tuesday it would be bernie. i don't care who it is. it doesn't matter. i actually would prefer joe, i think i'd prefer joe. who knows right, about those things. but a lot of people wonder is he going to be the candidate. >> how will you be positioning yourself for the election? people voted for you because they trusted your economic smarts. they knew you could turn things around for the economy and business. >> and i did. >> you're the first business president. exactly. now we've got 33 million people

filing for unemployment, we've got 20%. >> nobody blames me for that. >> unemployment potential. >> we had the greatest -- >> will you position yourself differently? >> i don't think so. i'm going to do it again. i've got to do it gone. i did it once. i showed it could be done. you know it. i've been on your show plenty. i did it once and i'll do it again. >> are you thinking about a payroll tax holiday? how -- >> i like the idea of a payroll tax. it's very easy to administer. i'd like it for both the small companies, you know, et cetera, et cetera, and the people because it's a double. it's a company, it's also for the people, the worker. i'd like a payroll tax -- >> a cut or a holiday. >> cut. that's one of the taxes i want to see cut. by the way, we've already given -- we've given the largest tax cut in history. if we weren't so strong as a country, we wouldn't even exist right now. we built an incredible machine. it was a beautiful thing to

watch. i even said three months ago, i was with a group of people, i say can you believe this? every single day better employment numbers, better stock market numbers, more jobs, the military's almost complete now. we've totally rebuilt everything. and then one day i have to turn it off. what's going to happen, maria, we're going to rebuild it again and it's going to go fast. >> w you have to give aid to e states. we had mayor de blasio on, he said he needs $7.5 billion, he said he needs to be made whole. what are you thinking about aid to the states and cities? >> have you a lot of states and cities that have been badly run for a long time. a lot of them are trying to use the covid problem, you know that, for making up what's programmed over 25 years of bad management, like your governor of illinois. he wants money. he wants money. i know the family. he wants money. because let's make up for 25

years and some very bad current years. now, there's one thing, if they spend the money, that's one thing for covid. but they want money for 25 years of bad management. it happens to be that virtually without exception, they're all in democrat states. very interesting. los angeles wants money. new york wants money. illinois is really having a hard time. they all want money. we have republican managed states that are doing very well. you know, it's a big difference. >> i want to get to china, mr. president. let me ask you this. you've talked a lot about the supply chain. you changed the conversation on china, obviously. and now we're seeing the average american understand that we cannot have 70% of our active ingredients in our prescription drugs made in china. how are you going to get these companies to actually bring the supply chain back to america? are you going to do tax breaks? how do you incentiveize them to do it. >> i could tell you hundreds of stories of the stupidity i've

seen. as an example, we make a fighter jet. i won't tell you which, but it happens to be the f-35, okay. it's a great jet. and we make parts for this jet all of the world. we make them in turkey. we make them here. we make them there. because president obama and others -- i'm not just blaming him -- thought it was a wonderful thing. the problem is, if we have a problem with a country, you can't make the jet. if we have a -- we get parts from all over the place. it's so crazy. we should make everything in the united states. it's -- >> will they do it. >> yeah, we're doing it because i'm changing all those policies. look, we make f-35s, very important, greatest jet in the world. where the main body of the jet is made in turkey and then it's sent here. so what happens? we have a good relationship with president erdogan. what happens if we don't -- with me. what happens if we don't have. are they going to say we're not going to give you this and we have to gear up -- >> china threatened they weren't

going to send the prescription drugs. we've been threatened. >> i've taken in billions of dollars in tariffs and the drug companies have to get on the ball because they're -- not only to china. >> are you going to incentiveize? give them tax breaks. >> they're going to india, going to ireland. >> apple said they're going to go to india. >> if they do, you know, we gave apple a little bit of a break because they're competeing with a company that was a part of a trade deal that we made so it was a little bit unfair to apple. but we're not allowing this anymore. you know, if we wanted to put up our own border like other countries do to us, apple would build 100% of their product in the united states. that's the way it would work. but -- >> so you don't think you need to do anything in terms of incentiveize. >> i have to. >> tax break? >> one incentive is to charge tax when they make product outside. we don't have to do much for them. they have to do for us.

look, you have these companies and they build -- as an example, mexico. great relationship with mexico. they've been very nice to us. they have 27,000 of their soldiers on the border because i insisted on it. >> i remember. >> you have mexico, they build a car, send it over to the borer deer, no tax, no nothing. if you take europe, european union, it was formed for the benefit of themselves against us. okay. it was formed to hurt us. if you take the european union, maria, it's so sad. they send cars over, no tax. if we want to sell a car over there, it's an impossibility. >> i feel like we've been talking about this for three years. you've been opening the spotlight on this for three years. >> and i made a lot of changes. >> you're going to pennsylvania thursday. >> right. >> what is this about? this is partly to see what kind of manufacturing we can do here, right? >> it's about manufacturing. i want to bring it all back. look, there's nothing good about what happened with the plague. especially the death.

but the one thing is, it said trump was right. i was getting a lot of fight-back even from people i like a lot in congress, et cetera, and now they're not fighting. these stupid supply chains that are all over the world, we have a supply chain where they're made in all different parts of the world and one part of the world goes back and it's messed up. i said we shouldn't have supply chains, we should have them all in the united states. we have the companies to do that. if we don't, we can do that. >> the service part of our economy is getting crushed. hotels, restaurants. we need the manufacturing to be picking up. >> it's all happening. >> let me turn to china, mr. president. you called it an attack the other day. was it deliberate? >> so a terrible thing happened and you can look at it as a source. it took place in a certain -- at a certain point. and it could have been put out and it should have been put out. and we asked to go over and they said no.

they didn't want our help. and i figure that was okay because they must know what they're doing. so it was either stupidity, incompetence or it was deliberate, one or the other. one of the things that is bad is they stopped people leaving, nobody could go to china, you couldn't go anywhere in china but you could go to the rest of the world. what was that all about? >> 430,000 people traveled from china to the united states after coronavirus was known. >> right. okay. so we took in, as you know, a very small -- because i put on -- in january, i put -- and i was criticized by everybody including dr. fauci. i put in a wall. we put in a very strong wall. only a small number of people were allowed in and they were all u.s. citizens. i can't tell a u.s. citizen you can't come back into your country. i put up a barrier to europe too. what happened is the same people and others went to europe. europe became heavily infected. italy, a very favored place of

yours. >> yeah. >> italy, spain, france. became very, very badly infected. infected. it's a terrible word, isn't it? it all became a horror show. then i closed it because i didn't want people coming in from europe, if you can believe it, this is what happened. but by doing this, we actually acted very early. we did a thing -- we did a great thing but it's a disastrous subject no matter how you cut it. >> knowing what you know now, and as you start reopening things and you're getting info from all of the governors and you're tracking this, when would you expect international travel to come back? is that a 2021 affair? >> all i can say is this, as soon as possible. we can't send planes over to a country that right now -- i'm not going to mention names of countries, but there are some that are very -- we talked about one a little while ago, really badly infected. so we can't bring people in that we -- >> it's going to take a while. >> it will take a little while.

a lot of people are going to start traveling more so in the united states and they'll be back. it's all going to be back together and in many ways we've learned a lot and we're going to bring back manufacturing that we could never have done without this. as bad as this has been, because now people agree with me. a lot of people are saying trump was right. i've been talking about this for a long time. i've been doing a lot about it. but you know, they've become embedded, almost like it becomes a way of life. we have to do business. >> so much stimulus. >> this is about the country, it's not about the world. we have to fix our country. the world, we want to be a leader, the leader, but right now i'm president of the united states, i'm not president of the world. i say it all the time. i want to make america great again. i want to do what we have. you know, years ago, we made our own product. we didn't rely on everybody in the world. they have their own problems. >> so what happened? they just wanted to do it cheaper? >> we had globalists.

they're people that think we have to make the world wealthy at our expense. i don't even know where these people come from. but those days are over. and if nothing else, over the last two months, it's been proven to be right. >> let me get to china. i also want to get the unmasking and general flynn but i've got to get to china first. secretary pompeo says says he has strong evidence it did come from the virology lab. we've been reporting this from early on. you also said you saw evidence. can you tell us anything about the intelligence. >> we have a lot of information. and it's not good. but you know the worst of all, whether it came from the lab or came from the bats or came -- it all came from china and they should have stopped it. they could have stopped the it at that source. i call it the source. >> they made a decision to allow it to escape its borders. >> i don't know if they made the decision but it got out of control. i think more likely it got out of control. >> senator cotton said that they didn't want the chinese economy to contract 20% and the rest of

the world to contract 2%. >> so we were beating them very badly before this. we were beating them between the tariffs and other things we were doing and we were going up and they were having a very bad year. they have having the worst year they've had in 56 years. >> they had hong kong protesters on the streets. >> even beyond that and we were really doing well. that is a theory. here's what i know for sure. they didn't allow this whole thing -- they didn't allow people to go into china. but they did allow them to go out to the world including the united states. that's why europe is a mess. that's why -- look at these countries. russia's having a hard time. everybody's having a hard time. >> will it get worse for those countries, do you think? >> for some of them. some have just started the process. we're getting toward the end of the process. >> so they down-played the disease, they down-played the virus. at the same time they're allowing international travel, 5 million people leaving wuhan, going to italy, going to the united states.

then they start cornering the market on protective equipment. china is the largest producer of this stuff. >> that's not the big thing. the big thing is they should have never let this happen. so i make a great trade deal and now i say it just doesn't feel the same to me. the ink was barely dry and the plague came over. and it doesn't feel the same to me. >> are they going to renege on it? they're not going to buy the 250 billion, will they. >> they'll buy 250, 250 billion. they said somewhere -- i see they like to renegotiate the deal. we're not going to renegotiate. look, i'm not happy about anything, having to do with that particular subject right now. but everything i said turned out to be right. you go back 10 years, 20 years, i'm telling you, it's why um sittinsit-- i'm sitting here, te beautiful oval office because of trade. not only china, but other countries also. other countries they charge us tariffs to do business and we're not allowed to charge them. >> what are you going to do

about it? right now as we speak they're continuing to steal intellectual property. the word is out. the fbi puts the warning out, they're stealing intellectual property on science data, on research, they want to get a covid-19 vaccine before us. are they going to beat us to the covid-19 vaccine now. >> they've always been doing it and they were never called. now they're called out all the time with me, for a long time. >> can you stop them from doing this? >> we can stop them. they're going to try doing it. you could also stop doing business with them. that's one thing. look, we have lost a fortune dealing with china. we have rebuilt china. they've done a great job. but the people sitting in this seat have allowed them to rip us off like you've never seen before. that includes president obama and biden. sleepy joe. he allowed them to rip this country off. we spent hundreds of billions. we gave them hundreds of billions of dollars year in and year out. >> coming up, more with president trump and his reaction to the unmasking revelations

this morning, that's coming up next. stay with us. - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little more than 11 years now. after about 30 days of taking it, we noticed clarity that we didn't notice before. - it's still helping me. i still notice a difference. prevagen. healthier brain. better life.

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maria: welcome back. well, we just heard part three of my exclusive fox business interview with president trump. we discussed if 2020 election, how voting could look after the pandemic, trade with china and of course the coronavirus stimulus as well. back with me, dagen mcdowell,ally mccartney and mike huckabee. andaallie, you did agree we woud see growth at the end of the year. i want to understand if your expectations for the market and the economy are election specific. are you basing that on a trump win? is that what wall street is expecting right now? if joe biden becomes president, does that change? do you expect a different economic outcome, allie? >> that's a great question,

maria. i think if you go back pre-covid, then there were very distinct repercussions for the market of different candidates and that at that point included warren, biden, bloomberg, sanders. i think at this point largely because of the two candidates we have and because of the situation that we're in, there's probably less distinction, especially with the composition of congress. however, everything that we are doing largely what is clearly going to be continued tension and rhetoric with china and most importantly a world that is significantly less global, certainly feeds into the republican agenda. in addition to feeding into the republican agenda with infrastructure, continued tax breaks, in my world you hear a lot about could the lack or

limitation of salt reduction be repealed, all of those things feed into further expansion. now, i think either way, irrespective of the election -- and i don't think wall street is counting on either, partly because of the focus being on simply a, turn up the economy and, b, as a reaction to the last election and how difficult it was to predict and that was with all of these exogenous variables like you touched on in the interview, including who will be able to vote, how will they be able to vote, but i think at the end of the day a couple of the things that were mentioned are very important. i am thrilled and i hope to god that the timing that has been presented by trump and the administration on a vaccine is right. however, as far as i am aware, and i'm not an infectious disease specialist, a vaccine for the coronavirus is something that's never really been done. it is very hard to mass produce.

vaccines in general -- i have even started seeing lik issues e if there is a vaccine, it is hardly distributed, who will take it, who will not, think about pockets of the world that are anti-vaccine and there won't be a lot of time to test this one so the implication% myriad. i think the biggest thing the economy needs to focus on is we just came from the largest, longest expansion with sin synchronized global growth and that synchrony and globality is not going to be a thing of the future, that's for economic reasons, that's for social reasons, that's for defense reasons. we have to start to understand what does a market look like that is much more nationalized going forward. maria: yeah. dagen mcdowell, what strikes you. dagen: one of the biggest concerns and this actually keeps me up at night is that every business, those viable businesses out there, they begin to adjust for slow times.

and slow growth begets slow growth and that a conservative stance, a company that is reducing head count or not hiring or cutting wages, not giving people raises, they're that trying to -- they're positioning for tough times ahead but that actually creates those very tough times. that's what turns this into a short-lived downturn, a very deep downturn, or into something that could be much more lasting. and these are the conversations that are going on in businesses big and small of oh, we've been running very tight, very low cost. should we continue to do that because we don't know when a vaccine is coming. that's why when you listen to the president and interview the president, that's why it is so important that he does try to remain optimistic. he's not -- you know, he's not

exaggerating but he needs to remind people that we are going to come back, when there might be a vaccine. that's why his messaging is critical this day and age. maria: yeah and there pe theras are also important. there are people who say, look, we're hurting more from the economic shutdown than from the actual coronavirus. there are states that are not anywhere near the epicenter and they're looking at businesses falter and some businesses will not make it out of this. >> let's keep in mind, maria, a lot of the democrats who are in power in state and local levels want to keep the economy shut down. i think if we're going to look at growth in the economy, it is definitely going to be as a result of president trump being reelected. if joe biden were to get reelected and bring in the green new deal and more stateism, more government control, i think we better manufacture more toilet paper. we're going to need a lot of it. maria: well, that -- yeah -- that's why i mentioned to allie,

do your expectations change if it's biden versus trump. because the president is focused on economic policies to bring us back. the president's focused on some of the things that he did in 2017, but also on focused solely on growth. dagen: governor, i have a question really quickly. so texas attorney general ken paxton told austin, dallas and san antonio to loosen coronavirus restrictions as one example. those three cities have told residents they shall wear face coverings while in public. governor abbott encouraged the public to wear face masks but not required it. this is the push and pull between governors and local officials. you saw it in the elon musk case where elon musk said the governor in the state told us we could restart the factory in alameda county and then alameda

county, some unelected official said no, not so fast. this is the tug of war and you've got president trump trying to lead from above and just let them fight it out, if you will. >> well, and that's the way it should play out. i will tell you when it gets down to a state governor versus a mayor, the governor is going to win. in most states, he's going to win because of the constitution of the state. he's also going to win because he's got a big bigger bully put and generally the public is more in favor of ramping up the economy and getting back to life. we need to do it because it's being responsible. you can't force people to be responsible. you can't just insist that everybody fall to the dictates of the nanny state. i think people are just ready to say wait a minute, we'll do everything we can to be responsible but don't treat us like children. we're americans. treat us like americans with some basic fundamental

liberties. dagen: even in new york, it is hard core liberal here and there is a major pushback against the nannies and the karens who are going you don't have a face mask on, like taking pictures of people, having rooftop parties like -- i mean, party of four people having dinner on a rooftop, you've gone to people spying on neighbors and posting on social media about people gathering together, to people saying you better just shut up and shut it down. i'm going to live my life. if i'm out running i'm not wearing a mask. stay away from me. it's amazing to see it happen here in new york and it's happening across the country. maria: and we are zeroing in on reopening america this morning. what president trump has to say about that, coming up. my exclusive interview coming up, more of that, as top health officials are cautioning against moving too fast. stay with us. back in a minute with more with president trump. us confidence...

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seeing the break in the clouds before anyone else. together, we'll weather this storm. maria: welcome back. wisconsin stay at home order struck down by the state supreme court. cheryl casone with those details now. cheryl. cheryl: that's right, maria. wisconsin's highest court called the order by democratic governor tony ever's administration, unlawful and unenforceable. the justices sided with the republican leaders after wisconsin's health department extended the lockdown order to may 26. the decision reopens that state.

well, two of america's most visited national parks are partially reopening. the grand canyon is going to welcome visitors friday through monday, that starts obviously tomorrow. visitors are going to be limited to half a dozen view points along the south rim, my personal favorite. yellow stone's south and east entrances are going to reopen on monday, allow access to yellow stone lake, canyon village and old faithful. here's a look at what's friending on fox-- trending on f business.com. the coronavirus pandemic prompting amazon to convert more whole food locations to online delivery only. arkansas' shutting down the socially distant concert. rite aid teaming up with instacart to allow customers to get healthcare and grocery items delivered directly to their home. unless you're like many new yorkers and going to the drug

drugstore is the only exciting thing you have to do right now. maria, back to you. maria: that's right. reopening the country is topic a during my exclusive fox business interview with president trump, he talked about clashing with some of this disease experts while stressing the importance of reopening the country. dr. fauci is saying a different thing. he says he's worried about spikes turning into outbreaks. he said it seems like it could be too soon and that the major message he wants to convey is that the danger is if we skip over the checkpoints and the guidelines to open america again, then we risk the danger of multiple outbreaks. >> i think that we have to open our schools. young people are very little affected by this. we have to get the schools open. we have to get our country open. we have to open our country. now, we want to do it safely. but we also want to do it as quickly as possible. we can't keep going on like this.

maria: the president is headed to pennsylvania later today to visit a medical equipment distributor in lehigh valley. joining me now is a member of the congressional delegation, helped inform the president's plan to reopen the country, pennsylvania senator pat toomey. thank you for joining us. >> good morning, maria. thanks for having me. maria: what is most important that our viewers need to understand about opening the country? >> well, in my opinion, maria, the most important thing is to remember why we shut it down in the first place. there was a very clear, well-articulated reason that we took the unprecedented and draconian step, saying you can't earn a living of. that was to prevent the disease from spreading so rapidly that so many people would get sick at once that we would overwhelm our hospital's a capacity. that was the reason. it's obvious, has been for weeks in my state of pennsylvania, there is no danger of that.

we have empty hospitals, no hospitals exceeding their capacity. we have ventilators on the shelf, icu beds that are empty, hospitals with plenty of room. in addition, we've got declining rates of positive tests, we have declining number of deaths. in pennsylvania, 69% of all covid fatalities are inside in walls of nursing homes. so maria, the reason for the shutdown has passed. and the rational thing to do now is protect the vulnerable people, senior citizens, people living in nursing home settings, people with underlying health problems, that's -- they're at a serious risk and we need to protect them. but the vast majority of people are not in that category and we need to get on with letting people earn their living. maria: wow, this is a really important point that you just made. you said that the reason for the shutdown has passed. here's governor mike huckabee. go ahead, governor. mike: senator, a lot of us are really watching not just the recovery, but i think to take on

another topic here, the unmasking controversy. this is absolutely huge. i mean, this does kind of confirm the notion that there was an attempted coup on this president before he ever got sworn in. give us some confidence and comfort that the senate will really pursue getting to the bottom of this so that the american people can have confidence in their law ebb enforcement and intelligence communities again. >> governor, you're absolutely right. what happened is appalling. it's extremely appalling in the case of the unmasking of michael flynn. but the prosecution of this man, the fact that we know that the fbi tried to entrap him, tried to force a lie, they didn't have any questions about a conversation, they had the recording. they had the transcript of this conversation. and they were simply trying to entrap this man and that's only part of it. right. the ig report shows case after case after case where senior fbi officials were abusing their

power with respect to the fisa court. so you're absolutely right. we do need to get to the bottom of it. lindsey graham, the chairman of the judiciary committee has told us he's going to have thorough hearings. he's going to subpoena the records. we're going to have this all laid out over the course of the summer in the judiciary committee and then we'll decide where to go from there. i should point out also that an amendment passed yesterday on the senate floor from mike lee, the senator from utah, that will require the fisa court to appoint an amicus, somebody who will represent the side of the american who is going to be spied on in a controversial case, such as if the fbi were to decide again they want to spy on a presidential campaign. but this is very, very chilling, very disturbing. we've got to get to the bottom of it. maria: so senator, let me ask you about that. because so far we're not seeing a lot of accountability. i mean, we know that the leaking

of classified information is a 10-year felony, lying to congress is a felony, putting aside all of the spying and unlawful treatment of a sitting president that was obviously underway like the informants and the wiretapping and the tools we use against terrorists were used against president trump, do you believe people will go to jail? >> look, i think that's entirely possible. as you know, the attorney general, bill barr who i think is doing an outstanding job has appointed a u.s. attorney to investigate this very question. that's underway. i'm looking forward to his conclusion and his decisions. we don't know exactly what he's uncovered and what he's decided to do. but that's a really important investigation and as i said, the united states senate is going to do a public investigation of this as well. maria: all right. allie mccartney from ubs, go

ahead. >> senator toomey, i thank you for your clients. i find it valuable to hear from you a restatement of why we're in this position. my concern is that people have conflated the flattening of the curve which was intended as you said to protect life by protecting medical resources, getting rid of the disease. so now that we've gone from what i would call that triage face to what is the transition phase that leads to transformation, you talked about a number of things and i think that that transition stage we do have to have a different relationship between health and medical resources and the economy. so when you think about that in your state and some other things that are going forward, what do you hope to see in the next couple of weeks or months? >> well, my state's moving way too slowly, in my view. i had this conversation with my governor. he knows my opinion and that hasn't changed his mind apparently.

more than half of our state is still basically in a lockdown, hide under your kitchen table mode, where you can't go to work, you're not supposed to go outside. and that's just not necessary anymore. so we've got to move -- here's the way i think about this. there should be objective criteria for reopening and the criteria should be do we have the hospital capacity that we were trying to protect in the first place, and secondly, do we have a generally declining level of new covid cases. in other words, are we in an environment where this situation is getting better, not worse? if we can meet those two criteria in a given county or a given region of pennsylvania, then businesses that are able and willing to comply with cdc guidelines about distancing and masks and gloves and the other things we all know we ought to be doing, those businesses who can keep their employees and their customers safe ought to be able to reopen. and so that's what i'm hoping we get away from -- maria: yeah. go ahead, finish your thought, senator.

>> i was going to say we should get away from the idea that we are going to decide who is essential and who is not essential and instead say what's essential is keep people safe, we know how to do that, we know who is vulnerable. if you're a 78-year-old person with emphysema, you shouldn't go back to work. but most people are not in that category. maria: my question, in terms of being essential, one thing that has come out of all of this is the fact that it is essential to make some of the most important things that we need here in this country and not rely on china for prescription drugs and the active ingredients in there and not rely on foreigners for the things we need very much, whether it be food or drugs or minerals. you opposed the usmca. you were among the few who really talked about why it fell short in your view. talk to us about your views of manufacturing these things here in america and how you're going to get companies to bring those

supply chains, whether it's out of china or out of other countries, i mean, obviously usmca passed. your thoughts today? >> well, so the way i think about this is we should not be dependent on a handful of countries anywhere in the world and least of all adversary countries for national security items. anything that's important to our national security. and that would include life-saving medicines. that would include the kind of equipment that we need in a pandemic. and it's just not prudent to be dependent on any one source, even if it's a friendly nation. they might decide that for whatever domestic reasons they have to ship their product somewhere else at a time when we would need it. i think we should have diversified sources and i'm certainly delighted when that's made in the united states. we've reformed our tax code to dramatically encouragement investment in the united states and i think we're seeing that. we certainly were seeing that before this struck. but it makes sense to understand

what our dependents are, what our risks are, what our vulnerabilities are and diversify away from any one source. maria: senator, real quick before you go, on this $3 trillion package that nancy pelosi is bringing forth, where does this go? what do you want to see in another relief package, sir? >> look -- maria: do you want to see a relief package now that the debt is up to higher than the size of the economy. >> so we spent $3 trillion directly. we authorized the fed to lend another roughly 3 trillion. that's $6 trillion. this is like 30% of america's entire annual economic output. it's time we take a pause here and figure out what have we done, what kind of damage have we done, what are the unintended consequences and loading up the money gun and firing off again as democrat colleagues are suggesting, i think that's a terrible idea. maria: so you don't want to see another package? >> look, at some point we might decide there are some specific needs that we've got to address.

i'm open to that conversation. but this radical liberal wish list of $3 trillion of money we don't have for causes that have not -- in many cases there's no evidence it's needed, that makes no sense. maria: senator, great to have you on the program this morning. come back soon. more of my exclusive fox business interview with president trump coming up next. stay with us. 68 years old. i do motivational speaking in addition to the substitute teaching. i honestly feel that that's my calling-- to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people say to me periodically, "man, you've got a memory like an elephant." it's really, really helped me tremendously. prevagen. healthier brain. better life.

maria: welcome back. in part four of my exclusive fox business interview with president trump. take a listen. have you spoken to xi jinping? >> i have a very good relationship but i just -- right now, i don't want to speak to him. i don't want to speak to him. maria: because senator cotton was saying maybe we should be limiting the amount of visas that we give to students who want to study things like quantum computing and a.

>.>> >> we could cut off the whole relationship. if you did, what would happen, you'd save $500 billion. if you cut off the whole relationship. look, at what point does it -- and i said this for years. i said it with other countries also. china's not the only country ripping us off. at nato, where we defend europe for nothing, by the way, essentially nothing, i was able to get them to pay hundreds of billions of dollars more. you know my biggest fan in the world? secretary stoltenberg. maria: he said that to me. >> he's been there a long time. he said nobody's ever gotten -- we were paying more and more. they were paying less. have you to see the chart of what they pay. we were defending europe and then they're taking advantage of us on trade. it's all one way and it was all turning and it is all turning around. maria: and you pulled back the

money. >> proven to be right. yeah, i pulled back the money. maria: you pulled back the money from the thrift fund. they wanted to put 10% of the thrift fund into the index, $50 billion. >> i pulled it back. maria: will you go one step further and force that chinese companies have to follow accounting rules if they want to be listed on the new york stock exchange and the nasdaq. >> we're looking at that. the thrift fund, it's run by the obama appointments and we said you've got to do this. we'll find out if they're going to of do this very soon. if not, we're going to replace them very quickly and we are looking at your second part of your question, we're looking at that. maria: because chinese companies like alibaba, any chinese company, they're listed on the ne new york stock exchan, they don't want to report earnings the way an american company does. >> here's the problem with that. let's say we do that, what are they going to do, they'll move their listing to london or something like that. let's say you want to get tough.

everyone wants to be a tough guy. look, i'm the toughest guy. what happens is -- so we say you're going to do this and you're going to follow the rules of the new york stock exchange or nasdaq. what do they do? they say we'll move to london or hong kong. maria: we have breaking news today, the names of the people who unmasked general flynn have been publicized, joe biden, john brennan, jim comey. your reaction? >> it was the greatest political crime in the history of our country. if i were a democrat instead of a republican, i think everybody would have been in jail a long time ago. and i'm talking with 50 year sentences. it is a disgrace what's happened. this is the greatest political scam, hoax, in the history of our country. maria: it is the biggest political scandal. >> people should be going to

jail for this stuff and hopefully a lot of people are going to have to pay. no other president should have to go through. i'll tell you, general flynn and others are heros, heros, because what's happened to them -- they weren't after general flynn. they wanted him to lie about me. make up a story. and with few exceptions, nobody did that. there were many people -- i watched kt mcfarland the other day, i watched where she was knock, knock, fbi, you know, the fbi. okay. this was all obama. this was all biden. these people were corrupt. the whole thing was corrupt. and we caught them. we caught them. and what you saw just now, i watched biden yesterday, could barely speak. he was on good morning america, right. and he said he didn't know anything about it. and now it just gets released right after he said that, it gets released that he was one of the unmaskers, meaning he knew everything about it. so he lied to your friend george

stephanopoulos. maria: explain to our audience what this means. this is a serious thing. they are tracking phone calls, they were tracking a phone call of kisliak and you're not supposed to -- >> it's very simple. even before i got elected, you remember the famous -- the two lovers, right, strzok and page. the insurance policy. that means if i won, they're going to try and take me out. that's all it means, very simple. it's an insurance policy. so she's going to win, isn't she darling, isn't she going to win. maria: a lot more with president trump when we come right back.

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good thursday morning. i'm maria bartiromo, thursday, may 14, top stories 8:00 a.m. on the button on the east coast, my exclusive fox business interview with president donald trump his take on the unmasking of general michael flynn how high up in the obama administration it went after list of names unmacdonald the general was revealed. >> this was all obama, this was all -- biden. these people were corrupt the whole thing was corrupt, and we caught them. we caught them. maria: plus getting america back to work to school, tensions with china 2020 race

and president support of elon musk all ahead, my special interview this morning, markets this morning pointing to lower opening for broader averages we continue to see tension increase between u.s. and china and we are about 30 minutes away from the job claims for the last week. "mornings with maria" is live right now. . >> members of president obama's inner circle reveal part of the effort to unmac general michael flynn three-star general president trump moments after learning the news. >> i watched chuck todd, this weekend what he did to a beautiful sentence made by our great attorney general he cut it in half, then he complained, that bill barr didn't say the other half of the sentence said exact same words that chuck todonald j. trump used these are corrupt people these are people should not be allowed to be on television, you know when i say the enemy of the people that is the enemy of the people that is corrupt. okay? that is corrupt.

but this was a -- a terrible, terrible thing that happened to our country it was a -- they tried to overthrow a duly elected -- a duly elected president of the united states, they tried to do an overthrow with fiction making up stories about russia now it has all come out actually they wanted hillary clinton you saw that came out yesterday they wanted hillary clinton to win, nobody has been tougher you can speak he can to putin anybody else, nobody has been tougher on russia than i have. they wanted hillary clinton to win. >> general flynn was exonerated but we all know because of the setup notes, and now judge sullivan is delaying it. so what do you think about this federal judge saying well i am not going to write off on exoneration just yet what is that about. >> i think one of the most incredible things i and many other people have ever seen i

had other generals in my it was a up related topic i did you do know general flynn, general mille head joint chiefs of staff great military person said i have in over general flynn a long time sir he is a great plan great gentlemen can when should never have snooped three-star general. >> great guy. >> they said they started cross fire hurricane in july 2016, we know that there were informants running into your campaign socialists as early as january, february 2016. stefan halper generosity. >> alexander who organizes that out of cia? i know stephan made a million dollars i don't know what he was made for. >> paid fortune i don't know

papadopoulos never met carter page never met this man went after carter page thought he was on a campaign i think was on a committee i never met him went after peek viciously all because they wanted to her at president of the united states figure they will either hurt him or take him out that would be the ideal, comey is a corrupt person. but let me tell you, brennan, they are all bad clapper is you know not smart guy in intelligence it was impossible to happen without man that sits in that chair oval office he knew everything. >> do you believe president obama directed u.s. intelligence agencies to spy on you? >> yes, he probably direct them but if he didn't direct them he knew everything, you will see that -- excuse me you are going to see that when pipes came out, remember the lisa page, text, to her lover,

saying potus wants to see everything, potus, not talking about me i wasn't president talking about potus wants to seeing everything. >> january 5 in oval office, president obama was there, vice president biden was there, clapper, brennan, and that is when logan act came up so,should we believe that they were look being for collusion evidence there was non. >> they. >> around white house counsel went to see a very unas you aspecting general flynn not a lawyer they said you don't need a lawyer they started asking him questions, they probably brought up the logan act. and they probably scared the hell out of him let me tell you a secret, they were not -- ask k.t. mcfarland the way they 2340ekd on door many

other people with mueller total fraud whole mueller investigation a fraud all part of the same deal but they what they did to general flynn and others you know we know about general flynn you will find out about others too what they did to these people, is -- is an international disgrace all over the world they talk about it. because this is not america, and hopefully the people involved are going to pay a big price, because it should never be allowed to happen again. >> mr. president this is toward the end of your first term, as president. and this entire term has been dominated by resistance you've gotten so much done, tax legislation international thingss, so much done yet fbi takedown effort pushed back on all supreme court court judges a complete drama around brett kavanaugh kavanaugh democrats in congress attacking your call ukraine leader impeachment trial. >> over nothing absolutely nothing. >> i never seen anybody take

punch get right back up keep punching where does resilience come from. >> rush limbo said i heard him other day he said i have never met a man that could take this much this much punishment and still be a great president, so what i have done, is more than any other president, you take first three years we have done more, tax cuts -- regulation we have done more than any other president ever. maria: -- jerusalem, just look at all the things, even if you look what we're doing i came in, and iran was a powerful nation. iran is a much different place right now they would like to make a deal iran would like to make a deal, but iran was a very powerful place. so much we have done so you thinks i am so proud, by the way, haub rebuilding our military our military was the totally deleted now strongest military brand-new jets everything is beautiful all

made usa, all the things that i have done including, taking care of our second amendment our second amendment was will be if they get in you you are not going to have any second amendment they will get rid of second amendment for all people that feel that you know the right to bear arms is a big thing, all of these things that i have done, yet i have done it through -- i had to fight through walls like wall we are building on southern border i got to fight through walls. >> you are ready to fight another four years. >> getting much better we caught of them in the act look think of been caught in the act we caught them i consider it may be one i always say drain the swamp, nobody knew the swamp was that deep or that bad. guys like comey at fbi bad people. you know fbi you talk about general flynn fbi said he did not lie said he did not lie. >> trey gowdy this weekend said that leaking classified information is a 10-year felony. we know that some of those people did, in a.

>> comey did. >> other people did. >> how involved was brennan. >> totally involved involved john brennan one. architects in my opinion clapper brennan look at them all the president knew everything, president obama and vice president biden they outmaneuvering. >> what can do you about it what can we do about it. >> let me tell you if i were in that position, would it be a whole different things if this happened to obama, instead of a republican president that -- particular 96% republican party, but a whole different things if this happened to obama, had said avwould be in jail for years already for years. it is a disgraceful thing but it is -- it is -- we caught them in the act maria a beautiful thing, and every day, we are seeing more and more information come out. we caught them.

and their guys are done they were guarding the fort comey all these guys guarding the fort once they left got easier they tried to take down a duly elected president of the united states. >> did not care that 53 million people voted for you wanted in you office. >> more than 63 million so you understand, that they got caught in the act they never thought that was going to happen. and they got sloppy, lisa page would technical and send messages, through service you know one of the other things that is missing. the dnc server why is it fbi did not take it arrested all these people did not arrest -- went to see people at dnc go in to see that you know her wonderful campaign manager you know all about that, right? they went into see those people whose brother, by the

way, was supposed to be arrested they brother never get of arrested. >> why investigation into trump campaign, are they were working on investigation to hillary clinton e-mails. >> yeah except slightly different levy of intense, okay? >> houn. >> by middle of the year called it midyear review. >> how about walk in to see hillary clinton's people five people i think and said you all have immunity you all have no problem you all have immunity. and with our people, they wanted to try and put them in jail some cases they did, those people are going to go down as heroes you watch. maria: paul manafort spending the rest of his term at home. >> i don't know i tell you what they went after manafort using, you know the big black book on manafort turned out to be a fraud found that out recently the back book where side he got money got cash got all -- turned out to be a fraud, ukraine said that, all of these things that they did, they were set ups, i have

great respect for these people because look at roger stone horrible treatment he is going to be okay going to be okay, he got treated -- he wasn't even on my campaign, he was years before, he wasn't even -- >> carter page is going to sue -- i hope general flynn sues. >> general flynn is going to have a heck of a case but has a judge i guess doesn't like him very much but maybe the judge doesn't like me very much, okay? maybe the judge doesn't like me very much, i tell you i read legal scholars can't even believe what the judge is doing to him. >> los angeles just said they may extended the shutdown throughout the summer, elon musk fighting back on. >> it doing the right thing i am all for him. los angeles, i think they are doing that for political reasons, look, the less successful we are in opening better they are probably, maybe for election. but i am letting people know

and many cases they are doing it just for political purposes. >> so you think that they would rather see, a recession a terrible economy joblessness than have you get another term. >> they would rather see our country fail they would rather see our country fail, and you know what that means because part of failure is death. they would rather see that, than have me get elected, i've driven them crazy i don't know what it is. >> you upended everything they want their power i guess quick on wuhan lab i want your take on this people are questioning it, i feel like i have among the early ones looking at this wondering if that is where it originated in the wuhan lab did not we as a country give money to that lab? >> yeah -- as i understand it, before i got here 7 1/2 million dollars in 2014. and look. they said they were studying different things you know things like that happen. but money was given by the

obama administration, earlier. maria: okay. >> i ended it. >> you ended it no more money into that wuhan lab why would -- >> took a lot of heat they said we're studying all sorts of stuff you saw what happened. >> a partnership with china when you can't trust anything -- >> may be hard 20 do. >> oblg, okay with me may be hard to do that is okay with me. maria: certainly different sentiment around china from our president, my very special thanks to president donald trump this morning. we will have more on "sunday morning futures" on fox news on sunday, stay with us. we'll be right back. . r. i've been involved in communications in the media for 45 years. i've been taking prevagen on a regular basis for at least eight years. for me, the greatest benefit over the years has been that prevagen seems to help me recall things and also think more clearly. and i enthusiastically recommend prevagen.

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maria: welcome back we just heard part five of exclusive interview with president trump discussed the russia investigation origination of 20i9 16 election corruption at fbi lord i there unmasking of general flynn origins of covid-19 back with me dagen mcdowell alli mccartney mining

huckabee governor huckabee one thing stands out to me this is change in sentiment the president, really, came across fed up with china. doesn't want to deal with bad behavior wants a change. >> thank goodness that he doesn't want to continue as it has been, i mean we've i guess enjoyed cheap things from china what has been the cost now beginning to find out shut our economy which down because, we were so dependent upon them, thank goodness president stopped travel when he did, but i hope that the people who are globalists thought this was a wonderful way to build our economy now realize, that the president was right all along, when he was talking about, rebuilding america building things in this country, not being dependent but being independent of having to go hand in handed to some other country that is exactly what we've seen most stark way possible, i hope that people

remember that in election time, we don't needing to back to the globalist mentality of putting america last. maria: we will see we will see on that fbi investigation, what happens with john durham criminal investigation whether or not people will go to jail for that a lot to come ceo southwest airlines on the other side of this break. stay with us. announcer: there are everyday

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international travel back. >> all i can say as soon as possible we can't send planes to a condition that right now i am not going to mention names of countries but some are very we talked about one a little weill ago really badly infected so we can't bring people in that just can't -- >> take a while. >> it will tick a little while but a lot of people are going

to start traveling more so in the united states, they will be back -- >> that was clip with president trump you heard this morning weighed in on international thankfully two airlines in united states southwest and american airlines making a return to international travel starting next month, airlines two of the first to make the move since coronavirus pandemic, disrupted flights outside the united states joining me southwest airlines ceo gary kelly great to see you. thanks very much for being here. >> great to be with you, maria. maria: so i was a regular a number of analysts' reports about southwest, and i give you a lot of credit because southwest is seen as among the best to weather this storm. but what a storm it is gary. assess the business for us right now how are you doing tell us about the liquidity situation at southwest. >> well we are hanging in

there it is a heck of a storm haven't seen anything like this in my career obviously. but you know we came in to the crisis, with very low debt to total capital, we are investment grade credit rating, we had a lot of cash, and we've boosted cash reserves up to almost 14 billion dollars normally we would have three billion dollars in the bank, is to you get an idea of the magnitude of the -- war chest trying to build just to get us through this crisis, we did apply for the payroll support program, part of the cares act, and we will get 3.2 billion dollars from where the government on that, a billion of that has to be repaid but, of course, the rest all of it is really earmarked for employees to make sure they stay on payroll through september 30. so business is very weak. we are business is above 90%, compared to a year ago.

load factor is on reduced capacity 20%, so we got a ways to go but good news is things are better, in may than they were in april. and i think they will be better again in june. when we start up, markets, in mexico and caribbean. maria: yeah so tell me about that, mexico and caribbean are these areas that you can open up in terms of international travel how are you making decisions? in terms of opening -- to international travelers because you just heard the president with me earlier, it is a risk to have people traveling to america now when we don't understand what the covid-19 situation is in that country, how you making these decisions sir? >> well, we don't fly transpacific transatlantic all our international service is south it is mexico latin america, caribbean. we do continue those markets

since they've been on level four but as -- we are really looking at the demand for air travel i think business travel will be very weak, and i think that will be the case for years. i think international travel as you and the president were talking about i think that will be very weak for a long time. within the domestic u.s. i think as long as fares are low i think consumers want to travel, and they want to travel to these resort type destinations we will monitor as we go along and follow -- always we will follow cdc guidelines. maria: you along with american reached a deal with federal government, on nearly 14 billion dollars in aid as part of the airlines bailout, tell me how things have changed since then. are you needing to follow different rules and regulations because the

government is a stakeholder now? what is your take on that? and do you see an end to that? do you expect the government to sell that at some point how will you operate with government being a major shareholder. >> they are not a shareholder they don't want to be a shareholder will never be, so i think you know first of all, i think the president administration secretary mnuchin, leaders in congress, the fed they all deserve a lot of credit because what the what the united states needed was just to be flooded with liquidity to avoid a depression, so the cares act goes a long way i think, to staving that off this is number one so not just airlines it is entire economy needed a boost here. in terms of of the conditions. maria: of course. >> the condition that the conditions that come with the funding, this is really payroll support, so primary condition is that we

"furlough, any of our employees, or reduce their pay raise through september 30 losing a billion dollars a month at this particular point so helping to offset those losses so we can keep people employed that is major condition, in addition to that we can't pay shareholders dividends can't do share repurchases but we're not doing those things anyway so i wouldn't necessarily consider that to be a condition. we've got as i mentioned 14 billion dollars in cash, you can do the quick math in your head things have to improve here quickly, or we run out of money, if they don't improve, after september 30 we would have to radically restructure not just southwest air also but the whole industry. so i am anxious to see where things are in july and august. again i am not accepting business travel to recovery quickly we are really going to be dependent on the consumer to get out and fly and that

will be dependent upon their confidence that they will be therapeutics ultimately a vaccine you know to be able to with beat this pandemic. >> waiting on job claims going to jump in a moment as soon as numbers hit the tape quick gary are you changing the airlines lay out the retrofitting so that people can be spaced out differently? how will your planes look different can when we get out of this? >> we're not changing the seating configuration maria at this point. so we are open seating as you know you get a reservation you can sit where you choose, and it is all coach seating. so we're not changeing that we're not booking the airlines full we've got 400 airplanes idled right now, and if they if we -- if we get enough bookings we will simply add another section of flying, to be able to accommodate the extra demand no physical changes yet. maria: gary -- it is great to

have you on the program thank you so much for being per gary kelly ceo southwest breaking news, 2.98 million jobless claims get right to cheryl casone. cheryl: we've got numbers maria, good morning again, yes, so estimate was for a claims to come in 2.5 million, it came in above that 2.98 million that is again above estimates we want to say that range 2.-- 2 to 3.1 million coming in almost at top of the range, economists were expecting, continuing claims big story obviously, we are expecting, that come in 25.1 million that came in below expectations, 22.83 million a little bit of a better story continuing claims i do want to say with initial jobless claims at this range, the 2.981 million that means that we've got over last 8 weeks, about 36 million initial job claims in total, 36 million people over 8 weeks filing for

initial jobless claims i do want to give you, import export prices estimate, down 3.1% came in better-than-expected, 2.6%. exexport to be down 2.1% expectation that was worse more bad story for american companies american exporters down 3.3%, some things that could be factoring into claims i want to add maria and send back to you and panel for reaction we have gotten laif announcements from likes of uber, from ge from airbnb, obviously, some continuing claims story could be a little bit of a ppp going to work, but it is a small factor at this point, and the as i send back to you one thing oh, ford economists have been saying we probably will see claims numbers i know in millions right now big numbers maybe middle of june second and third week of june even initial claims may be headed down below million mark but for now 2.98 million initial

jobless claims filed for the weekend, we can ending may 9, continuing claims as well pretty high maria, back to you. maria: cheryl as you were talking reporting this breaking news the market was worsening dow industrials down 270 points thank you, cheryl casone futures indicating a sharp sell-off start state ofing trading market accelerated on news we got for last week to react to all this laver associates chairman o former reagan advisory your reaction to numbers the policy fixes here on the conversation with president trump, your reaction now that we are looking at 36 million people having filed for unemployment in the last 8 weeks. >> a huge hit the coronavirus has been it is enormous hit to the economy and but what you

are seeing initial claims are coming down not coming down as fast as your people expected but they are coming down coming down nicely, by the time you get june, july should be very low initially claims should be, we should have passed the trough of the market. so it is happening, you know you need to get governor's on economy if safe if it is safe, once that starts happening i think you are going to see trnaround fairly sharp turnaround in this economy i am not overlydisappointed by claims to be honest very high because a lockdown on economy, should you have to expect this type of huge surge in unemployment. >> i spoke with president trump about the reopening, yesterday. and in exclusive interview for fox business about america being eager to get back to work irasked about unemployment rate ahead of the election listen to this. >> how do you get us back? when you look at these numbers we are going into the election with a double digit unemployment rate could we get

below 10% by september on unemployment? and what are -- >> i think we are going to be very, very strong again, we've tremendous powers that other people don't have. we have tremendous job capacity, and i think what is going to happen next year is going to be one of our best years, i feel that we will transition in this third quarter, fourth quarter is going to be good next year going to be incredible. maria: a art i know that you want to see a tax payroll tax holiday tell me your prescription for getting us back, our -- the president really did move the needle you and colleagues in terms of your efforts with that tax legislation, back in 2017. is it the same policy mix or something different? >> well it is the same policy mix focused differently we need to get people back to work, if you want employment to go up, maria, what you want to do is reduce the barriers to allowing employment to go

back up so we have been suggesting a payroll tax labor, through the end of the year would be 6, 7.65% rise in wages paid to workers which is a big surge for them, it is also a 7.65% decline in the cost to employers covers every employer every firm employs people they have to bring it back in quickly it stops government from picking winners and losers i love that, a payroll tax waiver is about 35% more efficient than a government spending program because you don't have to collect money first and then spend with it all that total for the troll, employment tax waiver would be huge plus for trump get goals seeking i couldn't imagine a better policy to get america back to work right away. and we all need it right now. maria: i asked him about that payroll tax holiday here is what he said. >> are you thinking about a payroll tax holiday? >> i like the idea of a

payroll tax because it is very easy to administrator, and i would like it for both small companies i know et cetera, et cetera, and the people, because it is a double it is a company, also for people. the worker. i would like a payroll tax. maria: cut -- or holiday. >> cut, meaning cut that is one of the taxes that i want to see cut. and, by the way, we have given we have given largest tax cut in history if we weren't so strong as a country we wouldn't even exist right now we built an incredible machine. it was a beautiful thing to watch it was -- i even said, three months ago with a group of people i say can you believe this every single day, better employment numbers better stock market numbers, more jobs, the military is almost complete now totally rebuilt then one day i have to -- what is going to happen we are going to rebuild it again,

it is going to go fast. maria: dagen mcdowell the president is expecting a very strong 2021. dagen: ultimately it is up to the business owners and workers consumers out there i mentioned earlier, art can jump in the danger is that businesses start adjusting for slow growth that creates slow growth. that they reduce wages cut staff get into a position where they run their businesses extremely conservatively that leads to a protracted recession one potentially that could go you on for years i want to add you've got about 22% in 8 weeks, used 36 1/2 million people file for unemployment benefits, that is roughly 22% labor force going into this pandemic shutdown. and the -- if we get people need to get back on the job that is really the only fix here, is to let people begin working and reopening, but

confidence is key among businesses. you see i see businesses planning, on how to invest down the road, and it is not pretty, because they are not really putting in place things they are not focused on growth they are focused on survival. >> art? >> dagen that is why a terminal date on payroll tax waiver for a fixed period of time if you don't take advantage right now you tend to be slow not planning for growth if you don't take advantage of it you won't get it that is why it will restart the economy very quickly. but we are trying to do is accelerate the growth as fast as possible rt that letting it happen gradually over time why the waiver has a terminal dedicate. >> i glad you looked through numbers the way do you looking at sunshine on the other side we will be watching always great to get your perspective. >> very much so --

>> please come back soon art. >> thank you. >> thank you for joining us thank you. we take a wick break when we come back senator rand paul is coming up next on unmasking of general michael flynn wait till you see are the senator's perspective. stay with us.

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michael flynn including vice president joe biden. and former fbi director james comey, from cia director brennan the names released by senators ron johnson chuck grassley being did he classified last week by acting national security director richard grenell i asked president trump about breaking news yesterday as soon as it broke. >> the names of the people who unmasked general flynn has been sized reaction. >> the greatest political crime in history of our country if i were a democrat instead of a republican, i think everybody would have been in jail a long time ago. and i am talking about 50 year sentences, it is a disgrace what has happened. this is the greatest political

scam, hoax in the history of our country. >> 80 is the biggest -- >> people should be going to jail for this stuff. maria: joining me right now kentucky senator member senate foreign relations senate homeland government afirs committees rand paul good to see you this morning. thanks for joining us first your reaction, to now we know who was behind, unmasking general flynn this whole ordeal. >> i think we should be alarmed by this the joe biden was intimately involved in eves droving on american citizen not just american citizen a high ranking member of the opposite party administration when we talk about abusing power of government to go after political opponent remember talked about that for about a year this is kwquintessence of that only way to unmask someone the target is probably a fisa washington secret court says we want to listen to the

russian ambassador, okay? the russian ambassador could be a scenario a congressman someone you don't get to on there that you are supposed to say happens where we can't listen to this is we don't have permission to listen to american or you argue a national security reason the question needs to be asked of joe biden what was national security reason clapper brennan what was national security reason you had to listen to this conversation or was it perhaps politically motivated? >> senator it sure looks like it was politicallie motivated, in fact end of to me looks like one political campaign, trying to take down another. hillary clinton and democrat paid for dossier used dossier to get a warrant to spy on the trump campaign. >> this is why i want to he reform fisa make sure this never happens again i have

amendment putting forward day says fisa court secret intend to go after foreign woernz be toiling go after american campaign i don't care whether, democrat republican, independent. >> should not be used to investigate political campaigns if you really think that someone is in a political campaign a spy you can go to really federal courts established under constitutional rule get warrants that can happen you should not use secret court. had president trump not won we would to this day not know about all abuses because it would be secret they don't tell you that they've been investigating you ever you somehow in end wind up either in jail or not in jail this should not happen. so my amendment is only amendment, that would actually really reform fisa says americans should not be included in the process at all. >> you and colleagues in senate will be looking at this tie, in terms of the changes with fisa, and there was a lot of abuse at fisa court there

was he exculpatory evidence not given to court to get a warrant to spy on carter page do you think we are going to see accountability here, these wrongdoings are felonies senator. in a number of ways when you look at looking to the media when you look at the -- leaking classified information or lying to congress, do you think we will see jail terms? >> you know i don't know, but i don't any fisa is fixable napolitano has been good on this to really get justice to have you have a drew adversary process you get your lawyer government has lawyers you argue the facts you have to release information government has evidence, so the defense can put up a defense against that the fisa court doesn't have that fisa court also doesn't obey fourth amendment the fourth amendment says you have to have probable cause of a crime, the fisa court doesn't have to use fourth amendment they can give search

warrants without complete -- completely ignoring the fourth amendment so i don't think we can fix it for americans only way to fix to it get americans out there will be justice for those who abused it i certainly hope so i think the president is right if this were ordinary citizen doing this you would see large length thee terms in jail but people like james clap skaetd time and time gained lied to congress five-year sentence. >> one has guts to take him down he leaves it turns out he was doing much worse than that even. >> do you want to see president obama testify some colleagues in the senate would like to see him go on under oath to test exactly what he knew about efforts to take down donald trump and a sitting president, president trump. >> absolutely i am not holding my brett for president obama to be before a congressional committee, but rick grenell the director national intelligence did he clarifying

this i hope he looking at the more things to declassify was president obama directly in charge of operation cross fire to get whole thing started using dossier paid for by democrat committee i want to know yes how much was president obama, i think he was, because i think even they knew it was sensitive, to use the apparatus of the fbi fisa court to go after a political campaign i am sure ran it all the way up flagpole would i bet bottom dollar president obama approved every bit of this now that it has some out illegal that fbi lied about reasons for getting the warrant, they lied to the court, i think that really, we do need to have we do need a serious investigation. maria: it is all quite extraordinary, senator isn't it it is great to see you this morning sir thank you so much for your time we will see you soon. >> thanks for having me. >> senator rand paul joining us reaction from panel when we come right back. stay with us. 2

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race on for vaccine for covid-19 president trump telling me in my exclusive fox interview yesterday there will be one by end of the year the u.s. will get it first if succeeds we will talk about that dagen your take on this right now you've got three companies in the lead in terms of vaccine you've got johnson & johnson moderna sanofi the united states did a deal with sanofi in february, back sanofi's programs and successful toward vaccine so it is said that u.s. will get access to thes do ages of that vaccine first, even though talking about a french company based in paris dagen: it ultimately critical that this gets done and soon,

because the key to reopening parts of the economy particularly anything that involves a large gathering, being able to go to sporting event a concert, even amusement park this will really only happen en masse if there is a vaccine, if people can be assured that they are protected into a large crowd not to make it about new york city clearly one hardet history roadway shut down till at least september could be longer upheaval in cornings of this economy industry by industry only a vaccine will relieve that. >> it is a great point alli i want your take connect to dots for us in terms of investment, around a vaccine, whether that might be, also got to get your take what the fed chairman

said yesterday, in terms of the economy and long-lasting damage he did also say though that we are not going negative on interest rates, so i thought really interesting. >> -- so much in there, so i think it is really important to note the difference in change in tone not only from chairman powell but from the rest of the state governors there was a sense they are really reaching out to congress and the administration, to continue or to begin to provide stimulus and relief as opposed to what was done in the cares act and prior, which is largely, i would say relief and subsidization as opposed to legitimate stimulus going forward compulsory to dagen's point talk about broadway subway until these places can use their public transportation system, not going to get back here -- i

think what we've seen this morning in market reaction, to some of the data we got more specifically to larger than normal claims number larger than expected --.

maria: jam-packed show today. thanks to dagen, ali and governor huckabee. right to stu we go. "varney & company" begins right now. stu, take it away. stuart: thanks to you, maria. that was a terrific interview with the president. great stuff indeed. good morning to you as well. maria: thank you so much. stuart: sure thing. good morning, everyone. listen to this. in the last eight weeks, 36.46 million people have filed for unemployment benefits. the weekly numbers have gradually come down, that's true, but over 36 million in two months, that is obviously a vast number, comparable to the depression years of the 1930s. fed chair powell, he warned